Cryptocurrency Markets Correct as Traders Prepare for Fed’s Monetary Policy Meeting
Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced declines as traders adopted a cautious approach ahead of the upcoming Federal Reserve monetary policy meeting. Analysts predict that Bitcoin could see a significant correction, potentially dropping to $86,000. Market participants are advised to stay vigilant as these developments unfold, and adjustments in trading strategies may be necessary as the Fed’s decisions could heavily influence the crypto space.